Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Gray Television, Inc.

Gray Television is a television broadcast company headquartered in Atlanta, Georgia. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). Gray currently owns and/or operates television stations and leading digital properties in 113 television markets that collectively reach approximately 36% of U.S. television households.

Gray Television

We're looking for the best and the brightest to join our team at Gray!  Apply at Gray.TV/careers #GrowWithGray

At Gray Television, we offer employees the opportunity to connect with something larger than themselves.  Put your unique skills and perspective to great use in your community ─ Join our team as the next MULTIMEDIA JOURNALIST - KTUU in Anchorage, AK: https://bit.ly/3RQSWpA #Hiring #GrayProud

We're passionate about broadcasting and would love for you to join us! Apply at Gray.TV/careers. #TVJobs

Gray Television and the New Orleans Pelicans jointly announced that they have reached an innovative new sports rights deal that will make ten of the Pelicans games during the 2023-24 NBA season available to fans on leading local television stations serving audiences throughout Louisiana, Mississippi and Alabama. 

“We know people in this region are passionate about their sports. We are thrilled to partner with the Pelicans and make these games available for all fans,” explained New Orleans resident and Pelicans fan Sandy Breland, who is also Gray’s Chief Operating Officer.

🎁 The team at KPTV Fox 12 Oregon collected more than 50,000 toys and bikes for local children in need this holiday season! The month-long donation drive ended with a caravan of 100+ trucks delivering the toys! Staff members from FOX12 were there to help, too. 

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	346.30M -	508.13M 46.73%	597.36M 17.56%	812.47M 36.01%	882.73M 8.65%	1.08B 22.82%	2.12B 95.73%	2.38B 12.21%	2.41B 1.34%	3.68B 52.34%	3.28B 10.75%
cost of revenue	217.41M -	285.99M 31.54%	374.18M 30.84%	475.13M 26.98%	557.12M 17.26%	596.40M 7.05%	1.40B 134.57%	1.39B 0.50%	1.61B 15.66%	2.25B 39.63%	2.72B 21.04%
gross profit	128.89M -	222.14M 72.36%	223.17M 0.46%	337.33M 51.15%	325.61M 3.47%	487.73M 49.79%	723M 48.24%	989M 36.79%	803M 18.81%	1.43B 77.83%	560M 60.78%
selling and marketing expenses
general and administrative expenses	19.81M -	29.20M 47.42%	34.34M 17.60%	40.35M 17.48%	31.54M 21.83%	40.91M 29.70%	104M 154.22%	65M 37.50%	88M 35.38%	102M 15.91%	112M 9.80%
selling general and administrative expenses	19.81M -	29.20M 47.42%	34.34M 17.60%	40.35M 17.48%	31.54M 21.83%	40.91M 29.70%	104M 154.22%	65M 37.50%	88M 35.38%	102M 15.91%	112M 9.80%
research and development expenses
other expenses	24.43M -	23K 99.91%	103K 347.83%	775K 652.43%	162K 79.10%	5.51M 3,299.38%	195M 3,440.95%	201M 3.08%	221M 9.95%	336M 52.04%	7M 97.92%
cost and expenses	261.65M -	353.74M 35.19%	457.22M 29.25%	578.00M 26.42%	665.70M 15.17%	711.77M 6.92%	1.70B 138.56%	1.66B 2.36%	1.92B 15.74%	2.69B 39.97%	2.83B 5.47%
operating expenses	44.24M -	67.75M 53.13%	83.04M 22.57%	102.87M 23.88%	108.59M 5.56%	115.36M 6.24%	299M 159.18%	266M 11.04%	309M 16.17%	438M 41.75%	112M 74.43%
interest expense	52.45M -	68.91M 31.40%	74.41M 7.98%	97.24M 30.67%	95.26M 2.03%	106.63M 11.93%	227M 112.89%	191M 15.86%	205M 7.33%	354M 72.68%	440M 24.29%
ebitda	109.08M -	192.96M 76.91%	188.93M 2.09%	297.76M 57.60%	294.23M 1.19%	452.33M 53.73%	623M 37.73%	919M 47.51%	707M 23.07%	1.32B 86.99%	787M 40.47%
operating income	83.88M -	153.77M 83.32%	140.06M 8.92%	234.14M 67.17%	291.23M 24.38%	388.77M 33.49%	478M 22.95%	752M 57.32%	381M 49.34%	990M 159.84%	448M 54.75%
depreciation and amortization	24.43M -	38.55M 57.76%	48.69M 26.33%	62.52M 28.39%	77.05M 23.23%	74.45M 3.36%	145M 94.75%	167M 15.17%	326M 95.21%	332M 1.84%	339M 2.11%
total other income expenses net	-765K -	-5.69M 643.27%	23K 100.40%	-31.54M 137,234.78%	71.51M 326.72%	21.91M 69.36%	-223M 1,117.71%	-208M 6.73%	-213M 2.40%	-376M 76.53%	-530M 40.96%
income before tax	31.43M -	79.80M 153.85%	65.75M 17.60%	105.69M 60.75%	193.28M 82.87%	287.65M 48.83%	255M 11.35%	544M 113.33%	168M 69.12%	614M 265.48%	-82M 113.36%
income tax expense	13.15M -	31.74M 141.39%	26.45M 16.66%	43.42M 64.16%	-68.67M 258.17%	76.85M 211.90%	76M 1.10%	134M 76.32%	78M 41.79%	159M 103.85%	-6M 103.77%
net income	18.29M -	48.06M 162.80%	39.30M 18.23%	62.27M 58.45%	261.95M 320.65%	210.80M 19.53%	179M 15.09%	410M 129.05%	90M 78.05%	455M 405.56%	-76M 116.70%
weighted average shs out	57.63M -	57.86M 0.40%	68.33M 18.09%	71.85M 5.15%	73.06M 1.69%	88.08M 20.56%	99M 12.39%	96M 3.03%	95M 1.04%	92M 3.16%	92M 0%
weighted average shs out dil	57.97M -	58.36M 0.68%	68.99M 18.20%	72.76M 5.47%	73.84M 1.47%	88.78M 20.24%	100M 12.64%	97M 3%	95M 2.06%	93M 2.11%	92M 1.08%
eps	0.32 -	0.83 159.38%	0.58 30.12%	0.87 50.00%	3.59 312.64%	2.39 33.43%	1.28 46.44%	3.73 191.41%	0.40 89.28%	4.38 995.00%	-0.83 118.95%
epsdiluted	0.32 -	0.82 156.25%	0.57 30.49%	0.86 50.88%	3.55 312.79%	2.37 33.24%	1.27 46.41%	3.69 190.55%	0.40 89.16%	4.33 982.50%	-0.83 119.17%

TV:GRAY

Gray Television, Inc.

Last Close

4.36

22/11 21:00

Market Cap

538.72M

Beta: -

Volume Today

1.53M

Avg: -

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